The U.S. imposed sanctions on Thursday against a Singaporean company and its president for their links to a North Korean shipping firm that allegedly helped an attempt to move weapons from Cuba to Pyongyang. Read More »

A Spanish investigative magistrate opened a probe into possible money laundering at Banco de Madrid, a unit of Andorra’s Banca Privada d’Andorra accused by the U.S. of helping groups from China, Russia and Venezuela launder money. Read More »

The heiress of the fashion and perfume house Nina Ricci was sentenced to a year in prison and ordered to pay heavy fines and back taxes for having hidden millions of euros in HSBC bank accounts in Switzerland. It was the first case involving a famous name in the so-called Swiss Leaks scandal. Read More »

News that health insurer Anthem Inc. had up to 80 million records containing personal information of customers and employees stolen during a data breach may signal a shift by hackers away from attacks on retailers and a move toward attacks of health companies whose data is worth more on the black market. Read More »

European Union courts have rejected sanctions in recent months over a lack of evidence. This is often the result of a “factual dispute,” according to Maya Lester, a barrister with Brick Court Chambers who has represented clients challenging their sanctions designations before the court. Read More »

About Risk & Compliance

Risk & Compliance provides news and commentary to corporate executives and others who need to understand, monitor and control the many risks that can tarnish brands, distract management and harm investors. Its content spans governance, risk and compliance and includes analysis of the significance of laws and regulations, the risks inherent in global expansion and the protective moves taken by companies.